I Had A+ Credit Until My Identity Was Stolen. – Nikki
 | By Steve Rhode Ask me your question. |
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Nikki wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.
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“Dear Steve,
I had A+ credit until I found out my identity had been stolen. Collection agencies are just out for blood from anyone. Now I am facing arbitration!
I am facing arbitration with a credit card company’s attorney. Can I protect my assets with a lien or trust to buy some time and leverage and is this process expensive?
Nikki”
Dear Nikki,
Here is what you need to understand about arbitration, you will lose. If you are a victim of identity theft and that is what has resulted in the current mess, get legal help. Contact a local attorney.
There must be more to this story though, simply because you are identity theft does not mean that you wind up in arbitration and collections.
As a victim of identity theft, hopefully you filed a police report when this happened so you’ll have some proof.
Big hug.
Source: I Had A+ Credit Until My Identity Was Stolen. – Nikki
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